May 17, 2026
Global Water Technologies featured in XPRIZE Water Scarcity book released at Madrid water summit
INDIANAPOLIS and MADRID, May 17, 2026 -- Global Water Technologies
(OTC: GWTR) is included in an overview of XPRIZE Water Scarcity teams
being released at Global Water Summit 2026 — Water Meets Money in Madrid, Spain.
An overview of the competition to date is available in the XPRIZE Water Scarcity teams book being distributed at the Global Water Summit 2026 which is expected to draw more than 1,000 water professionals and investors from May 18-20.
The Global Water Technologies team has been invited to participate
in a period of extended testing this summer that is available for teams
not selected as one of the Top 20 semi-finalists in the five-year
competition. The company is reviewing that opportunity to determine if
it will participate or if supporting another advancing team is a better
option.
As previously disclosed, Global Water Technologies participated in
the XPRIZE Water Scarcity competition after registering and being
selected as a qualifying team in the Track A systems category and
completing the initial round of qualifications testing in 2025. The
company utilized capacitive deionization and other innovative water
technologies in its prototype system and has been in active discussions
for a potential capital raise and M&A activities related to its
efforts in the competition.
FORWARD-LOOKING STATEMENT:
Statements in this press release relating to plans, strategies,
economic performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Forward-looking information is
inherently subject to risks and uncertainties, and actual results could
differ materially from those currently anticipated due to a number of
factors, which include, but are not limited to, risk factors inherent in
doing business. Forward-looking statements may be identified by terms
such as "may," "will," "should," "could," "expects," "plans," "intends,"
"anticipates," "believes," "estimates," "predicts," "forecasts,"
"potential," or "continue," or similar terms or the negative of these
terms. Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee future
results, levels of activity, performance or achievements. The company
has no obligation to update these forward-looking statements.
